Vedanta Iron and Steel Appoints S.R. Batliboi & Co. LLP as New Statutory Auditors
Vedanta Iron and Steel Limited (VISL) appointed S.R. Batliboi & Co. LLP as its new Statutory Auditors. The appointment is effective from July 01, 2026, and will last until the next Annual General Meeting. This move fills a casual vacancy caused by the previous auditors' resignation on June 12, 2026.
The change in auditors is a standard regulatory requirement and does not directly impact the company's operational performance or financial results in the short term. While auditor quality is important for corporate governance, the immediate impact is considered low.
The announcement is a routine corporate action regarding the appointment of auditors to fill a vacancy. It does not contain any information that would suggest a positive or negative impact on the company's financial performance or operations.
Vedanta Iron and Steel Limited (VISL) has announced the appointment of M/s S.R. Batliboi & Co. LLP, Chartered Accountants, as its new Statutory Auditors. This appointment was approved by the Board of Directors, based on the recommendation of the Audit and Risk Management Committee.
The new auditors will hold office effective from July 01, 2026, until the date of the Company's next Annual General Meeting. This appointment is to fill the casual vacancy that arose due to the resignation of the previous Statutory Auditors on June 12, 2026.
M/s S.R. Batliboi & Co. LLP is a well-established firm of Chartered Accountants, part of the M/s S. R. Batliboi & Affiliates ('SRB') network, which has been in existence since 1914. The firm boasts a large team of over 6,100 professionals across India, aiming to build the finest Assurance Practice in the country. Their expertise spans various market segments, including Industrial, Infrastructure & Consumer (IIC), Technology, Media and Telecommunications (TMT), and Financial Services (FS).
The Board of Directors granted its approval for this appointment at 7:58 p.m. on July 01, 2026.
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Vedanta Iron and Steel Limited filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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